A realtor with a corporate pricing background says many agents rely on intuition rather than formal pricing methods. She argues this can lead to overpricing and lower seller proceeds, especially as markets normalize. Carly Ringer, a realtor with Keller Williams Realty Spring Lake who spent 13 years analyzing pricing and advertising for major corporations before ...
A new pattern is taking hold in Jersey Shore real estate: sellers are increasingly willing to walk away from deals during the inspection period, confident that backup buyers are ready to step in. But Carly Ringer, a realtor with Keller Williams Realty Spring Lake and 13 years of corporate pricing analytics experience, says the strategy ...
The Wilmington rental market shows a clear split in performance by bedroom count, a factor now determining which properties succeed and which struggle. Catherine Huffman, co-owner of Keyrenter Wilmington, reports that rents for three-bedroom and larger homes have increased year over year, while two-bedroom units have declined over the same period. “Three bedrooms and up ...
A mountain pass separating Wyoming from Idaho marks more than a geographic boundary. It reflects a 6.5% tax difference, influencing where affluent real estate buyers invest. Traditionally, real estate agents in vacation markets have advised clients based on lifestyle factors such as recreation, scenery, and amenities. Samuel Haack, associate broker at Berkshire Hathaway HomeServices Brokers ...
After years of momentum-driven buying, investor behavior in Connecticut’s residential real estate market has changed dramatically. Buyers who once purchased properties sight unseen are now walking away from deals that fail to meet financial criteria, according to Lynn LaForme, a realtor at Showcase Realty who specializes in multifamily properties in the Waterbury area. During the ...
A local broker says rising home values and property taxes that often exceed $30,000 a year are creating an affordability problem in Bergen County and could threaten long-term market stability. Christian Di Stasio, broker associate and managing principal at the Christian Di Stasio Group, says the challenge is not a temporary market fluctuation but a ...
As hundreds of new single-family homes are built each month in the Wilmington area, many landlords are purchasing properties based on personal preference rather than actual rental market data, according to Catherine Huffman, co-owner of Keyrenter Wilmington. This disconnect is leading to a growing number of underperforming rentals, with more vacancies and lower rents than ...
As most of the residential real estate market cools from pandemic-era highs, one segment is moving at a surprising pace: small investment properties. According to Jillian Kemmerer, owner and associate broker at Luxe Homes Real Estate LLC in Scranton, Pennsylvania, duplexes and triplexes are attracting buyers far faster than traditional single-family homes. “If anything is ...
Rising utility costs are eroding rental property returns in ways many investors overlook, according to Jillian Kemmerer, who manages more than 400 rental properties at Luxe Homes Real Estate LLC. “Utility costs are skyrocketing,” Kemmerer says. “And if the landlords have to absorb those costs, there’s really no way to mitigate that.” This pressure is ...
In most parts of the country, a $5 million home would dominate the luxury market. In Silicon Valley, it can feel almost ordinary. In this elite pocket of California, properties priced between $5 million and $10 million are lingering for weeks and often facing price reductions, while estates above $15 million are attracting multiple offers ...
In today’s moderate-price real estate markets, even a small pricing mistake can mean the difference between a quick sale and a listing that goes stale. That’s the reality Lynn LaForme, a top-producing agent at Showcase Realty in Waterbury, Connecticut, encounters daily. With over $120 million in residential sales, LaForme says the days of “testing the ...
South Florida’s affordable housing shortage is forcing architects and developers to rethink how they design, finance, and operate new projects. The challenge goes far beyond cutting costs; it requires a complete recalibration of what makes a project viable in a market shaped by new workforce housing requirements and rising development expenses. Nicolas Pinzon, Associate Principal ...
Manhattan residential buyers are making a costly mistake by focusing solely on interest rates, according to Justin Neissani, a licensed real estate salesperson at The Corcoran Group. Although many buyers hesitate to act because mortgage rates are in the six percent range, Neissani argues that this narrow focus overlooks a key market reality: the purchase ...
The real estate industry is still grappling with the fallout from a series of high-profile lawsuits that challenged how agents are paid and how those payments are made clear to buyers. The main issue was that in many transactions, although the seller paid the buyer’s agent’s commission at closing, that money came from the home ...
California’s affordable housing debate is dominated by calls to build more units, faster. Lawmakers announce new construction projects. Advocates push for streamlined approvals. Headlines celebrate ribbon-cuttings for new developments. But behind the scenes, a quieter crisis is unfolding. The challenge is not just building new housing – it’s keeping existing affordable buildings financially stable so ...
